Texas

Cooke County

ZIP 76240

42,473 residents81 permits TTM$72,472 median HHI8 ZIP codesUpdated April 16, 2026
Investor first look

Median home value

$224,600

ACS 5-Year

Cap rate proxy

5.8%

FMR × 0.65 ÷ Home Value

Rent-to-income

18.0%

HUD FMR ÷ ACS HHI

Net migration

+2.30%

IRS SOI

Permits (TTM)

81

Census BPS

Climate risk

73.3

FEMA NRI (0–100)

ZIP 76240

Median home value

Gross yield

Buy Box score

0.7

Section 8 gap

Affordability

P/I: 3.8R/I: 22.8%

Section 8 detail

SAFMR: Rent: Gap:
ZIP code breakdown8 ZIP codes
ZIPMedian home valueRent (FMR 2BR)Gross yieldBuy Box scoreSection 8 gap
762400.7
762520.7
762500.6
76272$224,600$1,2106.5%0.211.2%
76238
76241
76253
76263

Sort by any column. Click a ZIP for detail.

Demographics

Owner-occupied

72.2%

Census ACS

Vacancy rate

8.9%

Census ACS

Bachelor's degree +

23.6%

Census ACS

Rent burdened

41.4%

Census ACS (>30% income)

Median age

40.3

Census ACS

Data sources
U.S. Census Bureau — American Community Survey 5-Year Estimates
U.S. Census Bureau — Building Permits Survey
U.S. Department of Housing and Urban Development — Fair Market Rents / Small Area Fair Market Rents (SAFMR)
Internal Revenue Service — Statistics of Income Migration Data
FEMA — National Risk Index
Last updated: April 16, 2026